Subscriber Commissions. Participant agrees to wire transfer to HCC or permit a debit by HCC as provided herein of all Subscriber Commissions shown on billing statements as provided in Section 3.5. and as provided in Exhibit "C" attached. Participant is responsible for collection and payment to HCC of all such Subscriber Commissions received by Participant that are attributable to Participant and all of Participant's affiliates, franchisees and hotel properties utilizing Participant's reservation system that utilize the HCC System under this Agreement. Payments to Subscribers will be made in appropriate local currency.
Appears in 2 contracts
Sources: HCC Participant Agreement (Pegasus Systems Inc), HCC Participant Agreement (Pegasus Systems Inc)